Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 24-04-2014

Karachi, April 24, 2014 (PPI-OT):

                                                      CROP 2013-2014

                                                         PART – I

                                                        SPOT RATES

                                        KCA Official Spot Rate for Local Dealings in Pak Rupees

                                        FOR BASE GRADE 3 (THREE) STAPLE LENGTH 1-1/16″

                                        MICRONAIRE VALUE BETWEEN 3.8 To 4.9 NCL

Rate                   Ex-Gin Price      Up-country      Spot Rate          Spot Rate          Difference

for                                      Expenses        Ex-Karachi         Ex. KHI. As on       In Rs.

                                                                             23.04.2014         Ex.Karachi

37.324 kg                  6 ,400            155           6,555                 6,555             -NIL

Equivalent

40 kgs                     6 ,859            155           7,014                 7,014             -NIL

Valid for the day established by the Rates Committee at 12:00 Noon.
Grade and Staple Margins are notified below:

The Grade and Staple Margins Chart and the percentage allowances for Microaire below and in excess of the given limits will be published in the DMR of the Association every Monday or on Tuesday ,if Monday happens to be a closed holiday.

PART -II
DOMESTIC IRANSACTION)
Dated; April 24,2014
2013-2014 CROP
Bales Station Rate Bales Station Rate
1100 Saleh Pat 5350 454 Shah Jamal 6350
200 Khanewal 6000 400 Ali pur 6400
400 Sadiqabad 6150 600 Khan Pur 6400
575 Fort Abbas 6300 1000 Ahmed Pur 6400

PART – III
(EXPORTS)
Registration:- Shipments:-
PERIOD – (MY 2013-14) CROP BALES PERIOD- (MY 2013-14) CROP Bales
01-08-13 to 15-04-14 2011 – 2012 500
01-08-13 to 15-04-14 2012 – 2013 51,580 01-08-13 to 15-04-14 2012-13 58,370
01-08-13 to 15-04-14 2013 – 2014 575,403 01-08-13 to 15-04-14 2013-14 405,318
Total:- 627,483 Total;- 463,688
Source: Trade Development Authority of Pakistan Source: Trade Development Authority of Pakistan

PART -IV PART – V
(IMPORTS) (Mills Consumption of Raw Cotton)
Cotton Season 2013-2014

PERIOD – (MY 2013-14) Qty. in MT Month Bales
Aug.,to Jan.,2014 123,693 Aug,to Feb.,2014 9,122,823
Febuary,2014 47,305 March,2014 1,325,882
170,998
Total:- 10,448,705
Source: Pakistan Bureau of Statistics Source: Textile Commissioner’s Organization

(ARRIVAL CROP 2013-14) (COMPOSITE EXCHANGE RATES)
As on April 15, 2014 Date; April 24, 2014
In Bales
Punjab Sindh Pakistan
Total Arrivals 9,630,656 3,760,132 13,390,788 Country Selling Buying Sight
Sales to TCP – – –
“to Exporters 120,198 273,556 393,754 USA 97.70 97.50 97.34
“to Mills 9,138,195 3,298,023 12,436,218
Unsold Stocks as on 15-04-2014 560,816 Source: National Bank of Pakistan
Source: PCGA

SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 15.04.2014
2013-14 2012-13

PUNJAB SINDH TOTAL PUNJAB SINDH TOTAL
Total Arrival: 9,630,656 3,760,132 13,390,788 Data was not collected last year as on 15-04-2013
Difference in bales
%
Flow during this fortnight 4,953 0 4,953
Sales to TCP – – –
Sales to Exporters 120,198 273,556 393,754
Sales to Mills 9,138,195 3,298,023 12,436,218
Unsold stocks 560,816

For more information, contact:
Karachi Cotton Association
The Cotton Exchange I.I Chundrigar Road,
Karachi, Pakistan.
Phone: +(92)242-5007, +(92)241-2570, +(92)241-6497
Fax: +(92)241-3035, +(92)241-2580
Email: contact@kcapak.org

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